Member Info for AimSurfer007

Don't think Babu sold any. It's a family member with additional position. Names in declarations are different.

Https://www.dailymail.co.uk/news/article-13051457/amp/elon-musk-neuralink-brain-chip-developed-small-british-tech-firm.html

You saying that based on price going up today? Sorry I had a little top up. Would be nice to get news this week but given how long it's taking I'm not expecting any progress this week.

I suspect it will take 12 months for HUM to be pushing 20p and beyond again. I would want to see few stable quarters from Yanfolila and Kouroussa running at nameplate capacity. This same update next year could see us trade within 20-30p range if all goes to plan imo.

Given the grade at Kouroussa, lenders are confident of getting their investment beck plus interest. Upside for PIs depends on exploration and how well they run the mine, hopefully they learned from Yanfolila.

30p is the max upside here IMO, if we see that again sell up and run for it. Once Kouroussa high grade is mined and debt repaid what are shareholders left with? Dan Betts giving it a go at underground mining, how hard can it be :)

I'm not sure how many of the West Midlands employees are under union representation but given UK H1 loss and the unions weird position that the company made 15m profits in H1 (yes group wide, not UK), overal debt actually increased in H1 and UK was still loss making. I suspect the company many want to tone down or wait on trading updates until union salary negotiations are complete. If the UK union and membership size is insignificant then maybe this is all irrelevant.

Make that 13.05%

"As announced on 22 August 2022, the Company is proposing a return of capital to shareholders via a tender offer of up to £5 million.
Documentation to give effect to any such tender offer would be circulated to shareholders in due course, with the current intention that the tender
offer would take place in October. As such Resolution 7 is being proposed to shareholders to enable the Company to undertake a tender offer.
Resolution 7 will be proposed as a special resolution for the authorisation of the Company to purchase its own shares in the market during the
period until the next annual general meeting of the Company for up to 8,333,333 Ordinary Shares, representing approximately 13 per cent.
of the issued ordinary share capital of the Company. The price payable shall not be less than 0.4 pence per share, being the nominal value of
the shares, and for purchases effected by way of a tender offer the price payable shall not be more than 50 per cent. above the average of the
middle market quotations for the Ordinary Shares as derived from the AIM Appendix to the London Stock Exchange’s Daily Official List for the
five business days immediately before a tender offer circular is posted. For any other purchase, the price payable shall not be more than the
higher of (i) five per cent. above the average of the middle market quotations for the Ordinary Shares as derived from the AIM Appendix to the
London Stock Exchange’s Daily Official List for the five business days before the purchase is made, and (ii) the higher of the price of the last
independent trade and the highest current independent purchase bid on the trading venue where the purchase was carried out.
Save to the extent purchased pursuant to the regulations concerning treasury shares any Ordinary Shares purchased in this way will be cancelled
and the number of shares in issue will be accordingly reduced. The Company may hold in treasury any of its own Ordinary Shares that it
purchases pursuant to the relevant regulations and the authority conferred by this resolution. This would give the Company the ability to re-issue
treasury shares quickly and cost effectively and would provide the Company with greater flexibility in the management of its capital base. As
at the Latest Practicable Date, options to subscribe for a total of 3,315,258 Ordinary Shares were outstanding under the Company’s employee
share schemes representing 5 per cent. of the issued share capital of the Company (excluding treasury shares) at that date and 3 per cent. of the
issued share capital of the Company (excluding treasury shares) if the authority sought by resolution 5 were to be exercised in full."

First time buyer purchases vs remortgage transactions down in H1, you can call that market condition's or red flag. Revenue guidance later this year will be interesting. Let's see how quick they can grow revenue from the additional services they have developed. Are they diversifying revenue? I see hints of it.

They didn't move to remortgage per se, there are a lot of mortgages coming up for renewal and they are seeing a lot of flow from those transactions vs new mortgages.

Yeah gave away the property and the associated debt on it.

Next week will show if the board are looking to take this private or fight off speculative offers. If they were serious about remaining publicly listed I'd expect to see them RNS a detailed valuation report on how they value THG and be very clear that they won't consider bids below. We've not see that yet so I suspect games being played and going private is most likely outcome.

"Mali's military leader Assimi Goïta said on Monday that he remains open to dialogue with the ECOWAS regional bloc after it imposed sanctions on Bamako over delayed elections"

More importantly
"But the military junta in Guinea said in a statement read out on state television there that it would keep its links with Mali open, saying it had nothing to do with the sanctions agreed at the weekend ECOWAS summit."

Barrick Gold says Mali mines unaffected by ECOWAS sanctions, due to sufficient stock and stores to operate normally.

Have Hummingbird learned from past events, and holding sufficient inventory? I'm not optimistic but the share is still cheap.

Should see some excitement in 2022, loaded the bus and waiting.

"Importantly, the continued development of DigitalMove as a digital product supporting the whole home moving experience is expected to result in exponential returns as functionality increases."

Completely agree, we're here before the herd, focus on the product pipeline and future revenue opportunities. Well done to those reading this thread and researching the company, next 12-24 months should be exciting seeing them grow.

I believe Kestrel are here for the DigitalMove upside. It should be bigger than Econveyancer once adoption has progressed.

Market cooling off not a bad things, conveyencers complete for business, service matters. That's were next iteration of DigitalMove comes in. Hitting the market in the near future. Just patience needed.

https://www.bloomberg.com/news/articles/2021-09-03/russia-has-a-gas-problem-nearly-the-size-of-exports-to-europe

Literally I have a glance here every few weeks and the same old moaning :) I bet in Jan it will be the same old story about why we can't break £2 :) relax, diversify your portfolio and enjoy life.

Complaining about delays in this scenario is simply ridiculous. Like another CEO would have magically drilled R3 and got it to production in 8 weeks :) No need to respond to this post. I'm out, catch you all in Jan. Hopefully upomega will be in a better mood.

Don't disagree but can't do anything to control share demand. We can debate what the company should be doing but personally won't care what the share price does if the company commits to returning 50% of FCF to shareholders. I'll get most of my investment back in dividends. Just don't want to see this cash pile wasted on overpriced acquisition.

My main concern now is acquisitions at current gas prices. Please don't ruin the good work and overpay for an asset. Best to return £100-£200m to shareholders over next 24months and see what North Eigg drill deliverers. Time for acquisitions and value deals will arrive. Plenty of life left in the current assets. Gas prices high now, imagine what happens if we have a prolonged cold winter or another deep freeze impacting US LNG exports.